New York Post Advance Publications has paid nearly $10 million in back rent for the 11 million square feet of space it leases at One World Trade Center in Manhattan The company, Conde Nast’s parent, had withheld paying rent in January, but...
Commercial Observer My Sales LLC has paid $25 million, or $37879/sf, for the 66,000-square-foot industrial building at 75 Onderdonk Ave in Queens, NY The Edison, NJ, company bought the property from Jason Richard Realty B6 Real Estate Advisors...
New York Post Fried, Frank, Harris, Shriver & Jacobson has renewed its lease for 380,438 square feet at One New York Plaza, a 26 million-sf office building in Manhattan The law firm’s lease was scheduled to expire at the end of February...
Bldup A venture of Rockpoint Group and Post Road Residential has broken ground for a 475-unit apartment property in the Boston suburb of Marlborough, Mass The two-building property will be on Simarano Drive off Interstate 495, about 35 miles west of...
Crain’s New York Business Atlas Hospitality has filed plans to develop a 401-room hotel at 711 Seventh Ave in Manhattan The Albertson, NY, developer expects to break ground on the project in January and complete it in 2025 The site sits between...
Commercial Observer The Carlyle Group has expanded its lease to 194,702 square feet at the 17 million-square-foot One Vanderbilt office building in Manhattan The private-equity company recently signed for 33,924 sf on the 32nd floor of the 67-story...
Boston Business Journal Savage Properties has filed plans to build a 139-unit apartment property at 1558 Tremont St in Boston The Brookline, Mass, developer wants to demolish the existing three-story building on the development site, which is at the...
Commercial Observer Wegmans has signed a 30-year lease for 82,000 square feet of retail space at 770 Broadway in Manhattan It will be the first store in Manhattan for the Rochester, NY, grocery chain Wegmans expects to move into the building in the...
Commercial Real Estate Direct Staff Report An affiliate of Procaccianti Cos is in talks to possibly turn over, in a deed-in-lieu of foreclosure, the Hilton Suites Chicago Magnificent Mile to the CMBS trust that holds a $6997 million matured loan...
Hartford Business Journal Copperline Partners plans to convert the former 381-room Marriott hotel at 15 Farm Springs Road in Farmington, Conn, into a 225-room luxury apartment property The Brentwood, NY, developer bought the property, which closed...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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